China's Lenovo to build research centre in Taiwan: report

Dec 22, 2009

Chinese high-tech giant Lenovo plans to set up a research and development centre in Taiwan as the firm tries to take advantage of warming cross-strait ties, a report said Tuesday.

The world's fourth-largest maker of personal computers will use the island's technological know-how to boost its global competitiveness, the Commercial Times reported, citing Lenovo executive Ma Jianrong.

Ma said has played an important role in Lenovo's global manufacturing network, adding that the Chinese company has spent four to five billion US dollars annually in recent years on Taiwan-made computer components.

will increase its purchases in Taiwan as its business continues to expand there, Ma was quoted as saying.

Explore further: Apple's secrets may be revealed through obscure bankruptcy case

add to favorites email to friend print save as pdf

Related Stories

Lenovo reports losses as sales plummet (Update)

May 21, 2009

China's Lenovo, the world's fourth largest maker of personal computers, Thursday reported a net loss of 226.4 million US dollars in the 2008-09 fiscal year citing structural changes and weak sales.

Lenovo buying back mobile phone business

Nov 27, 2009

(AP) -- Personal computer maker Lenovo Group said Friday it is joining the race to develop products that link phones and PCs by buying back a mobile phone business that it sold last year.

Taiwan invited to light up Chinese cities

Jun 11, 2009

(AP) -- Chinese officials have invited Taiwanese companies to supply selected mainland cities with ultra-bright, energy-saving LED lights, the latest in a series of big business deals between the rivals.

Recommended for you

A blue Christmas for Amazon?

1 hour ago

It might be a blue Christmas for Amazon. The world's largest retailer gave a disappointing forecast for the crucial holiday quarter. The company also reported a wider loss than analysts expected for the third ...

US tech firm fined for underpaying Indian workers

2 hours ago

A Silicon Valley company is paying more than $43,000 in back wages and penalties after labor regulators found eight employees brought from India were grossly underpaid and overworked while assigned to a special project in ...

Comcast wins more Internet customers, ad sales up

5 hours ago

Comcast Corp.'s third-quarter net income jumped 50 percent in the third quarter, helped by a one-time tax settlement, growth in Internet subscribers and fewer defectors from its cable service.

Netflix to stream new online TV series, 'Bloodline'

6 hours ago

Fresh from commercial and critical success with hit shows "House of Cards" and "Orange is the New Black," Netflix on Thursday announced a new online series, "Bloodline," set for release in March.

User comments : 0